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Globex Mining Enterprises (TSE:GMX) Stock Passes Below 50-Day Moving Average - Here's What Happened

Globex Mining Enterprises logo with Basic Materials background

Shares of Globex Mining Enterprises Inc. (TSE:GMX - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.37 and traded as low as C$1.27. Globex Mining Enterprises shares last traded at C$1.37, with a volume of 14,734 shares changing hands.

Globex Mining Enterprises Trading Down 0.8%

The company's fifty day moving average is C$1.37 and its 200 day moving average is C$1.39. The company has a market cap of C$71.97 million, a P/E ratio of 15.73 and a beta of 1.20.

Globex Mining Enterprises Company Profile

(Get Free Report)

Globex Mining Enterprises Inc is a Canada based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.

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